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Ok the player gets 10k. What does he do with it. Be smart and make it last 4 years or blow it in 2 weeks. My guess is the players that are dumb enough to risk their career for a grand will do the latter and then end up risking their career trying to get another 10k under the table to blow in 2 weeks. The nice thing is if you allow the first 10k from boosters it means your loosening the restrictions and giving the boosters more access to these kids making it easier for them to try to take more under the table.And if I had that in my back pocket, there's no way in hell I would jeopardize my career for an additional $10k. Or whatever the numbers may be.
I didn't miss anything; I'm talking about tax statutes currently on the books. (That congressional investigation is dated eight years ago, so it doesn't seem to have gained much legislative traction.) Nonetheless, in response to the initial comments by BleedS&G, there may still be a basis in current code to strip the NCAA of its 501(c)(3) status if players can get money for swag, but case law would need to be there in order to know for sure.You must have missed the part about "Congressional investigation". It's buried in the opening line of the law journal article:
Last I checked, Congress doesn't need "case law" to revoke a tax exemption.
It goes beyond just that. The schools themselves are 501(c)(3) organizations who could lose their tax-exempt status (at least in the area of athletics) if they are using professional athletes to generate profit.
Man, he's going all in with Jameis. Does FSU not have a frickin' legal department to advise this guy on what to say and when to shut his mouth.
If we want to stick to the facts and only the facts, Jimbo... OK. Winston stays; you're fired, your boss is fired, FSU is sanctioned as a University by DoE, FSU vacates every game Winston played since 2012, gets additional NCAA sanctions, Campus Police Chief is fired, Tallahassee Police Chief is fired, and several investigators are fired.
Interesting interpretation of the IRS 501(c)(3) rule. It may or may not be accurate; it would be interesting to see whether the government could prevail if they were to claim that the NCAA were not an "educational" organization, which is the position I'd take if I were an NCAA attorney.
Like many other legal questions, this one is hard to figure without supporting case law.
Which makes it all the more heinous. The NCAA has an $18 BILLION contract with CBS for the basketball tournament. All tax free. Eighteen. Billion. Fuck football. Hoops is where it's at, apparently.
Same [Mark May] with the NFL actually. It's a 501c as well. Fuckers generate $8BB/Y, and are taxpayer funded. They could build a new stadium every year, and still makes oodles of money. Instead they put that crap on the ballot, and make future generations pay through their nose for it.
Grr. Churches too. Umm, I'm pretty sure that being tax exempt violates Separation of Church and State. The church has become the religious propaganda arm of the government. 'Be calm, quiet little sheep. Don't fight the government or stand up for your rights. Jesus is gonna rapture you to heaven and leave all those bad people behind.' except that's not how it works.
Okay, I'm done. /rant
so read Vegas took the FSU/ND game off the board
ummmmm
Lawyer: FSU isn't following its policy
Florida State quarterback Jameis Winston's attorney has challenged why the university plans to conduct a disciplinary hearing nearly two years after Winston was accused of sexually assaulting a former FSU student in December 2012.
In a letter sent to FSU general counsel Carolyn Egan on Tuesday, Atlanta-based attorney David Cornwell asked why FSU plans to conduct a hearing, which he said would ignore the university's sexual harassment policy and the U.S. Department of Education's guidelines for conducting a Title IX investigation, which require that an inquiry be completed in a timely manner.
"Winston's cooperation came with the expectation that the process would be fair," Cornwell wrote in the letter. "In this regard, I advise FSU that I believe 'Mr. Winston is entitled to an explanation for FSU's decision to ignore its own policy with respect to the timeliness of the Title IX process.'"